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Pound Dollar forecast - GBP USD

A round up of the latest Pound Dollar forecast news items from the Currency News desk.

LIVE EXCHANGE RATE 20:14:29 Pound Dollar Rate »
GBP/USD +0 Days Low Days High Last Daily
1.24587 ▲ +0.03% 1.24247 1.2477 1.24548

Pound Drifts Lower Against Dollar as Sterling Unmoved by UK Government Growth Agenda

30 Jan 2025 at 7 AM - Written by David Woodsmith

STORY LINK Pound Drifts Lower Against Dollar as Sterling Unmoved by UK Government Growth Agenda

The Pound to Dollar exchange rate (GBP/USD) has been unable to make headway and drifted lower to near 1.2410 as the government’s growth strategy had little near-term impact. The proposals had been flagged in advance, and any dividends will be over the longer term while US and dollar moves remain dominant. According to Scotiabank,...

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Pound to Dollar Forecast Today: GBP Rangebound vs USD ahead of FED Rate Decision

30 Jan 2025 at 7 AM - Written by Frank Davies

STORY LINK Pound to Dollar Forecast Today: GBP Rangebound vs USD ahead of FED Rate Decision

The Pound Sterling (GBP) mainly traded flat against the U.S. Dollar on Wednesday as investors awaited the Federal Reserve’s latest interest rate meeting. At the time of writing, Pound US Dollar exchange rate (GBP/USD) was trading at approximately $1.2422, virtually unchanged from the start of Wednesday’s session. On Wednesday,...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Slips vs Euro and Dollar as Tech Selloff Sparks Safe-Haven Demand

29 Jan 2025 at 9 AM - Written by David Woodsmith

STORY LINK Pound Sterling Slips vs Euro and Dollar as Tech Selloff Sparks Safe-Haven Demand

The Pound to Dollar exchange rate (GBP/USD) edged lower on Tuesday as risk-averse sentiment saw investors flock to the safe-haven Greenback. At the time of writing, GBPUSD was trading near $1.2428, down approximately 0.2% from Tuesday’s opening levels. The US Dollar (USD) continued its upward trajectory on Wednesday,...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Firms as Trump Comments Subdue USD

28 Jan 2025 at 9 AM - Written by David Woodsmith

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Firms as Trump Comments Subdue USD

The Pound Sterling gained ground against the US Dollar on Monday, driven by easing concerns over tariffs and the prospect of lower interest rates in the United States. At the time of writing, GBP/USD exchange rate traded at $1.2506, up 0.2% on the day. On Monday morning, the British Pound (GBP) saw a slight uptick, though the exact...

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Pound Sterling to Dollar Rate Hits 1.247 as UK Government Talks up Economy

27 Jan 2025 at 3 PM - Written by David Woodsmith

STORY LINK Pound Sterling to Dollar Rate Hits 1.247 as UK Government Talks up Economy

The Pound to Dollar exchange rate (GBP/USD) hit 20-day highs just above 1.2520 before settling just above 1.2500. The government’s shift in stance to talk up the economy and put renewed focus on the growth outlook had some impact in supporting Pound sentiment, although there are still important reservations over the near-term...

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Pound to Dollar Rate Forecast Warning: Risk for GBP/USD Slide to 1.15

26 Jan 2025 at 5 PM - Written by Frank Davies

STORY LINK Pound to Dollar Rate Forecast Warning: Risk for GBP/USD Slide to 1.15

Foreign exchange analysts at Nordea expect dollar strength to dominate for much of the year. It sees the risk of GBP/USD sliding to at least 1.15 with an end-2025 forecast of 1.17. In contrast, Bank of America expects GBP/USD gains to 1.38. US data did not have a significant impact during the week, although a weaker-than-expected...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Dollar Forecast Today: GBP Retakes $1.24 vs USD Ahead of PMIs

24 Jan 2025 at 8 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Forecast Today: GBP Retakes $1.24 vs USD Ahead of PMIs

The Pound Sterling (GBP) advanced to $1.24 handle against the US Dollar on Friday ahead of the latest PMI data. At the time of writing, Pound US Dollar exchange rate (GBP/USD) was trading at approximately $1.24. Sterling was mostly rangebound against the US currency on Thursday amid thin market trading conditions. On Thursday,...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound to Dollar Rate Holds Near $1.23

22 Jan 2025 at 4 PM - Written by Tim Boyer

STORY LINK GBP/USD Forecast: Pound to Dollar Rate Holds Near $1.23

The Pound US Dollar exchange rate was mostly quiet on Wednesday amid an absence of both UK and US economic data releases. At the time of writing, GBP/USD was trading at approximately $1.2354, virtually unchanged from the start of Thursday’s session. On Wednesday, the Pound (GBP) experienced minimal fluctuation against most other...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Pares Gains Against Dollar, Euro as Trump Announces 25% Tariffs

21 Jan 2025 at 3 PM - Written by David Woodsmith

STORY LINK Pound Sterling Pares Gains Against Dollar, Euro as Trump Announces 25% Tariffs

The Pound US Dollar exchange slumped on Tuesday following a tariff announcement from President Trump and the release of the UK’s latest jobs data. At the time of writing, GBP/USD was trading at approximately $1.2245, down roughly 0.7% from the start of Tuesday’s session. On Tuesday, the US Dollar (USD) gained significant...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Weekly Exchange Rate Outlook: Lose-Lose Sterling Scenario?

19 Jan 2025 at 7 PM - Written by Frank Davies

STORY LINK Pound to Dollar Weekly Exchange Rate Outlook: Lose-Lose Sterling Scenario?

Foreign exchange analysts at UBS have adjusted their forecasts and now expect the Pound to Dollar exchange rate (GBPUSD) will dip below 1.20 short-term before a move back to 1.29 by year-end. ING expects GBP/USD to remain under pressure throughout the year with an end-year forecast of 1.19. The dollar posted fresh 2-year highs at...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

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